Fear of diabetes, high blood pressure, and heart disease have prompted many Baby Boomers to develop healthy eating habits. As a result, they are willing to pay more for healthier food options, such as grass-fed beef. In the past, grass-fed beef has not been widely available. According to the law of supply and demand, what is the most likely outcome from this social change in the business environment? Supply will fall until the equilibrium price is met. Supply will remain the same because suppliers of grass-fed beef are able to make higher profit on the same number of cows. The price will increase until the equilibrium price is met. Supply will increase because higher prices make it more attractive for farmers to supply grass-fed beef. Supply will increase until supply meets demand at the equilibrium price.

Which of the following correctly describes the accounting for indirect labor costs? indirect labor costs are product costs and are expensed as incurred. indirect labor costs are period costs and are expensed when the manufactured product is sold. indirect labor costs are period costs and are expensed as incurred. indirect labor costs are product costs and are expensed when the manufactured product is sold.

When using various forms of promotion to carry the promotion message, it is important that the recipients of the message interpret it in the same way. creating a unified promotional message, where potential customers perceive the same message, whether it is in a tv commercial, or on a billboard, or in a blog, is called

Cadbury has a chocolate factory in dunedin, new zealand. for easter, it makes two kinds of “easter eggs”: milk chocolate and dark chocolate. it cycles between producing milk and dark chocolate eggs. the table below provides data on these two products. demand (lbs per hour) milk: 500 dark: 200 switchover time (minutes) milk: 60 dark: 30 production rate per hour milk: 800 dark: 800 for example, it takes 30 minutes to switch production from milk to dark chocolate. demand for milk chocolate is higher (500lbs per hour versus 200 lbs per hour), but the line produces them at the same rate (when operating): 800 lbs per hour. a : suppose cadbury produces 2,334lbs milk chocolate and 1,652 lbs of dark chocolate in each cycle. what would be the maximum inventory (lbs) of milk chocolate? b : how many lbs of milk and dark chocolate should be produced with each cycle so as to satisfy demand while minimizing inventory?